Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    Famous 1792 Half Disme, VG10
    Judd-7, Pollock-7
    First Circulating U.S. Coin

    1792 H10C Half Disme, Judd-7, Pollock-7, R.4, VG10 PCGS. Although the 1792 half disme has traditionally been collected with the pattern series, most present-day numismatists consider the issue to be the first U.S. coin struck for circulation. Authority for this view comes from an unimpeachable source, President George Washington himself. In his November 1792 address to Congress, Washington remarked, "There has also been a small beginning in the coinage of half dimes, the want of small coins in circulation calling the first attention to them."
    The number of coins produced also argues strongly for the business-strike nature of this premier U.S. Mint product, as somewhere between 1,500 and 2,000 pieces were originally struck. Later accounts suggest the coins were distributed by Washington himself, either through presentation to European dignitaries or as gifts to friends. The majority of examples seen today are worn, suggesting that the issue circulated extensively at, or near, the time of issue.
    While the coins were produced under the authority of the Mint Act of April 1792, using Mint personnel and equipment, the 1792 half dismes actually predate the opening of the first U.S. Mint building by a few months. The Mint facilities were not ready to begin coinage operations in the summer of 1792, and much of its equipment was stored in the cellar of Philadelphia sawmaker John Harper on Sixth Street, about a block away. It was here that the half dismes were struck, on July 12, 1792 according to Thomas Jefferson's household account book. From this modest beginning, the 1792 half disme has become one of the most important and valuable issues in the U.S. coinage series. The surviving population is estimated as 250-400 pieces in all grades.
    The present coin is well-centered on the obverse, with date and legend easily legible. The portrait is complete in outline and retains some interior detail. The reverse is not quite as sharp, but the surfaces of both sides show only minor abrasions with pleasing silver-gray and golden-brown patina. Population: 3 in 10, 72 finer (11/12).(Registry values: P9) (NGC ID# 946T, PCGS# 11020)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 2,813

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 April 7 - 10 CCE World Coins Signature Auction - Chicago.

    Learn about consigning with us

    I have done volume business with you and never regretted it.
    J.K.,
    Redford, MI
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2016 November 29 - December 8 GSA Collection US Coins Signature Auction - Dallas
    2016 November 29 - December 8 GSA Collection US Coins Signature Auction - Dallas
    REALIZED SO FAR $233,092
    2016 December 8 - 9 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    2016 December 8 - 9 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $3,143,976
    2016 December 7 - 9 HKINF World Currency Signature Auction - Hong Kong
    2016 December 7 - 9 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,292,530